Cointime update: Nvidia shares fell 13% at the open, wiping out more than $500 billion in market value, as the company announced that CEO Jensen Huang has resigned. The Dow Jones Industrial Average rose 0.11%, while the S&P 500 fell 0.77% and the Nasdaq Composite dropped 1.51%. Among other chip stocks, AMD rose 2.54%, Broadcom gained 3.7%, and TSMC fell 3.73%.
Nvidia opens down 13%, erasing over $500 billion in market cap
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